Harel Insurance Investments & Financial Services Ltd. Acquires 6,437 Shares of Leidos Holdings, Inc. $LDOS

Harel Insurance Investments & Financial Services Ltd. lifted its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 37.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,649 shares of the aerospace company’s stock after acquiring an additional 6,437 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Leidos were worth $3,678,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its holdings in shares of Leidos by 94.7% in the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 72 shares during the last quarter. JFS Wealth Advisors LLC boosted its holdings in shares of Leidos by 77.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock worth $27,000 after buying an additional 66 shares during the period. Hilton Head Capital Partners LLC acquired a new position in Leidos in the 4th quarter valued at about $28,000. Rakuten Securities Inc. raised its holdings in Leidos by 110.5% in the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 84 shares during the period. Finally, Longview Financial Advisors Inc. bought a new position in Leidos in the 1st quarter valued at about $26,000. 76.12% of the stock is owned by institutional investors.

Leidos Stock Performance

Shares of Leidos stock opened at $108.22 on Thursday. The business has a 50-day simple moving average of $117.02 and a 200 day simple moving average of $153.10. The firm has a market capitalization of $13.61 billion, a price-to-earnings ratio of 9.91, a PEG ratio of 1.56 and a beta of 0.54. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29. Leidos Holdings, Inc. has a one year low of $98.86 and a one year high of $205.77.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The business had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the firm posted $2.97 EPS. Leidos’s revenue was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, research analysts anticipate that Leidos Holdings, Inc. will post 12.3 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.43 per share. The ex-dividend date was Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 1.6%. Leidos’s dividend payout ratio is 15.75%.

Insiders Place Their Bets

In other news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the sale, the director owned 10,137 shares in the company, valued at $1,345,686.75. This represents a 12.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.77% of the company’s stock.

Analysts Set New Price Targets

LDOS has been the subject of several recent research reports. Royal Bank Of Canada reduced their price target on Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Jefferies Financial Group decreased their price objective on shares of Leidos from $140.00 to $110.00 and set a “hold” rating on the stock in a research note on Wednesday, July 1st. Bank of America reissued a “neutral” rating and issued a $125.00 target price (down from $200.00) on shares of Leidos in a report on Wednesday, June 17th. TD Cowen dropped their price target on Leidos from $160.00 to $115.00 and set a “hold” rating for the company in a research note on Tuesday, July 7th. Finally, The Goldman Sachs Group decreased their price target on shares of Leidos from $171.00 to $152.00 and set a “neutral” rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $163.80.

Leidos Profile

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.